MoneyPage 7 of 7

76 articles

Economy, markets, debt, jobs, the Fed, and business

National Debt Hits $39 Trillion, Up $2.77 Trillion in 12 Months

Total public debt reached $38.98 trillion as of April 3, a 7.6% increase from $36.2 trillion a year ago. The government's average borrowing cost continues to climb as cheap pandemic-era debt rolls over.

MoneyApr 6

Phillips 66 Reports $900M Mark-to-Market Losses in Q1 2026

The refiner disclosed $900 million in pre-tax mark-to-market losses, a $300 million Gulf Coast pricing lag hit, and $3 billion in derivative collateral outflows from the commodity price spike.

MoneyApr 6

Fed Holds at 3.64% for Third Straight Month as Inflation Nears Target

The federal funds rate has been unchanged since January as CPI inflation decelerates to 2.43% year-over-year. The easing cycle appears paused, not ended.

MoneyApr 6

March Jobs: +178K Rebound After February's -133K Collapse

Nonfarm payrolls swung positive in March after February's sharp contraction. Three of the last six months have been negative -- the labor market is churning, not growing.